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Apapa customs sets new N304bn monthly revenue record

04.11.2025
The Nigeria Customs Service, Apapa Area Command, has achieved a historic milestone by generating a record N304bn in revenue for October 2025 — the highest monthly collection by any customs command in the history of the Service. The figure, announced in a statement by the command’s Public Relations Officer, Tunde Ayagbalo, represents a remarkable leap...
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Standard Chartered meets N200bn recapitalisation deadline

04.11.2025
Standard Chartered Bank Nigeria Limited has confirmed that it has met the Central Bank of Nigeria’s N200bn minimum capital requirement for national commercial banks, ahead of the deadline in 2026. This was disclosed in a statement made available to The PUNCH on Monday. In March 2024, CBN raised the operating minimum capital requirements for banks...
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Trump’s threat erodes Nigeria investor confidence says CPPE

04.11.2025
The Centre for the Promotion of Private Enterprise has warned that the recent threat of possible military action against Nigeria by the President of the United States, Donald Trump, could erode investor confidence, among other far-reaching implications for the economy. This observation is contained in its policy brief titled ‘Potential Economic Implications of the U.S....
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Nigeria targets $20bn in diaspora funds for economic growth

04.11.2025
The Federal Government, through the Nigerians in Diaspora Commission, alongside leading banks and private sector investors, has launched a fresh push to harness over $20bn in annual diaspora remittances to drive national economic growth. According to a statement made available to The PUNCH on Monday, NiDCOM is to hold the eighth Nigerian Diaspora Investment Summit...
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Doherty demands Senate probe into new petrol import duty

04.11.2025
A Lagos State governorship aspirant under the Peoples Democratic Party, Mr Funso Doherty, has called on the National Assembly to investigate the recently approved 15 per cent import duty on Premium Motor Spirit, commonly known as petrol. He warned that the policy, if implemented, would worsen the economic hardship faced by millions of Nigerians. In...
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Experts advocate turnaround management for moribund assets

04.11.2025
Experts have called for the adoption of turnaround management to ensure the revival of moribund assets in Nigeria. This was the focus of the two-day annual conference of the Turnaround Management Association organised in partnership with the Konrad Adenauer Stiftung, which concluded in Lagos on Saturday. The conference was held under the theme ‘Reviving moribund...
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SROL wins CIPM HR award for the second consecutive year

04.11.2025
Segilola Resources Operating Limited, a gold mining and exploration company, has reaffirmed its industry leadership by winning the Chartered Institute of Personnel Management HR Oscar Award for Best Practices in the Mining Sector at the 57th CIPM International Conference and Exhibition. In a statement on Monday, it was stated that the award ceremony, held on...
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Nigerian veterinarians push for stronger food safety reforms

04.11.2025
Nigeria’s veterinarians have taken decisive steps to reclaim their pivotal role in the nation’s health and food systems, as the Nigerian Veterinary Medical Association recently concluded its 61st Annual National Congress and Annual General Meeting in Jalingo, Taraba State, with far-reaching resolutions aimed at reforming animal health governance, strengthening food safety, and elevating professional standards...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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